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118 E Main St 4,800 SF 100% Leased Retail Building Dwight, IL 60420 $250,000 ($52.08/SF)



Investment Highlights
- Rental income from upper 2 apartments
- 2025 main area newly tiled
- Central Business District
Executive Summary
ENDLESS OPPORTUNITIES with this 4,200-square-foot building on Historic Downtown Main St in Dwight! Hood range and walk-in cooler (new motor 2025). Main level offers large open space with separate kitchen area. New tile on floors and walls, bar redone! 2 bathrooms. This space offers everything you would want for a new restaurant! 2 AC and furnace for main floor and basement. Rental income with two 2 bedroom, 1-bath apartments upstairs, with tall ceilings. Each unit has its own furnace and window ac. Main area, new tile 2025, offers coin washer and dryer that will stay. 2 separate entrances to basement and upstairs. New tile in the hallway of common area upstairs. Elevator. Full basement with 2 bathrooms, and old bar. Fire equipment is up to date throughout. Don't let this great opportunity pass you by! Restaurant area now leased for $1,200/month with a month-to-month contract.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,800 SF
Year Built
1916
Price
$250,000
Price Per SF
$52.08
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
Commercial
Frontage
30’ on Main St
Amenities
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-05-09-206-017 | Improvements Assessment | $55,294 (2024) |
| Land Assessment | $11,715 (2024) | Total Assessment | $67,009 (2024) |
Property Taxes
Parcel Number
05-05-09-206-017
Land Assessment
$11,715 (2024)
Improvements Assessment
$55,294 (2024)
Total Assessment
$67,009 (2024)
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118 E Main St
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